Connect with us

Bitcoin

Bitcoin exchange-traded products begin trading on the London Stock Exchange

Published

on

The UK’s Financial Conduct Authority gave the go-ahead for the first bitcoin exchange-traded products (ETPs) to trade on the London Stock Exchange. WisdomTree and 21Shares, two asset managers, both put Bitcoin ETPs on the LSE today.

Just last week, the FCA said that Bitcoin ETNs could be added to the market. This allowed issuers who had been waiting for regulatory approval to bring Bitcoin ETNs to the LSE to start them today.

All of the ETNs give investors a way to bet on the price of bitcoin. At the moment, FCA rules say that only professional buyers can get to them. Alex Pollak, head of UK for 21Shares, said, “But the game-changer in the UK will be when the retail ban is lifted. Right now, there is a retail ban on trading bitcoin and ether ETNs.”


The launch today is a big step forward for both Bitcoin usage and London’s plans to become a centre for digital assets. There are already controlled bitcoin funds in the US, Europe, and Hong Kong, which puts pressure on the FCA to catch up.


Ophelia Snyder, co-founder of 21Shares, said, “The UK is one of the deepest and most liquid capital markets in the world.”

In order to open its market, the FCA is doing it in stages. Professional investors can now buy bitcoin ETNs on the London Stock Exchange (LSE), giving them their first controlled access to crypto assets.

Bitcoin

Strategy (MicroStrategy) Adds 250 Bitcoin, Holdings Reach 848,250 BTC

Published

on

Strategy, Inc. (Nasdaq: MSTR), the company led by Executive Chairman Michael Saylor, acquired an additional 250 bitcoin for approximately $21.5 million between October 5 and October 11, 2026, at an average price of $86,194 per coin (including fees and expenses). The purchase brings the firm’s total holdings to 848,250 BTC.

The company funded the acquisition primarily through net proceeds of about $21 million from at-the-market sales of 125,183 shares of its Class A common stock (MSTR), with the remaining roughly $0.5 million drawn from its USD cash balance. No preferred stock was sold during the period. Strategy’s cumulative bitcoin investment now stands at roughly $64 billion, acquired at an average cost basis of approximately $75,444 per coin. At recent market prices, the holdings represent more than 4% of Bitcoin’s fixed 21 million supply cap and carry substantial unrealized gains.

In the same weekly update, Strategy reported repurchasing 1,932,145 shares of its STRC preferred stock (Variable Rate Series A Perpetual Stretch Preferred Stock) for an aggregate of about $192.4 million. The company maintains a large USD reserve—previously reported near $4.88–$5.5 billion—to support preferred stock dividends and interest payments on outstanding debt. Additional cash balances remain available for treasury activities, including further bitcoin purchases.

Saylor highlighted the latest acquisition on X with the familiar phrase “There’s always room for more orange,” continuing his long-running pattern of signaling accumulation. Strategy remains the largest publicly traded corporate holder of bitcoin. The move occurred against a backdrop of elevated volatility, with bitcoin trading in the roughly $81,000–$84,000 range around October 12 after earlier strength above $84,000.

The latest purchase marks continued, if more modest, weekly accumulation following larger buys in prior weeks. Strategy has paired ongoing bitcoin treasury expansion with active capital management, including preferred-stock repurchases, while relying on equity issuance and existing cash reserves to fund purchases.

Continue Reading

DeFi

DeFi8 hours ago

Inflation Shock Triggers Nearly $1 Billion in Liquidations as Bitcoin Tests $80,000

Hotter-than-expected U.S. inflation data rattled risk assets on October 15, 2026. September CPI rose 3.7% year-over-year, above the 3.6% forecast...

DeFi1 day ago

Bitcoin Drops Below $81,000 as Hotter U.S. CPI Revives Rate-Hike Fears and Asian Equities Tumble

Bitcoin fell sharply below $81,000 in early Asian trading on October 15, 2026, extending losses after a hotter-than-expected U.S. September...

DeFi2 days ago

U.S. Spot Bitcoin and Ethereum ETFs See Significant Weekly Outflows

U.S.-listed spot Bitcoin ETFs recorded roughly $681 million in net outflows over the trading week of October 5–9, 2026—the largest...

DeFi2 days ago

Binance Rolls Out AI Trading Interface Globally After 150,000-User Beta

Binance launched its free Binance AI personalized trading interface to all English-language users on October 12, 2026, following a beta...

DeFi2 days ago

Ethereum Foundation-Linked Wallets Transfer 4,393 ETH (~$11 Million) to Kraken

On October 12, 2026, two wallets historically linked to the Ethereum Foundation transferred a combined 4,393 ETH—valued at approximately $11.13...

DeFi2 days ago

TRON Q3 2026 Report: $2.21 Trillion in Stablecoin Settlement Volume

TRON’s State of TRON Q3 2026 report, released in mid-October, highlighted $2.21 trillion (precisely $2.2126 trillion) in stablecoin settlement volume...

DeFi3 days ago

South Korea Blocks Domestic Access to 27 Unregistered Crypto Exchange Websites, Including KuCoin and MEXC

South Korea’s Financial Intelligence Unit (FIU), under the Financial Services Commission, announced on October 13, 2026, that domestic access would...

DeFi3 days ago

Bitcoin Drops Below $82,000 Amid $770M+ in Liquidations as Volatility Spikes

Bitcoin fell sharply on October 12, 2026, sliding below $82,000 and triggering more than $770 million in cryptocurrency liquidations, the...

DeFi4 days ago

Bitcoin Holds Above $84,000, Shrugging Off Heavy ETF Outflows as Oil Declines

Bitcoin rebounded to trade near or above $84,000 on Monday, October 12, 2026, recovering from earlier dips toward the low...

Crypto1 week ago

ESMA gives EU crypto firms three months to exit non-MiCA stablecoins

The European Securities and Markets Authority on 8 October told national supervisors that MiCA-authorised crypto firms should stop providing services...

Advertisement

Trending